Analysts/Institutional Investor Meet/Con. Call Updates

Ahluwalia Contracts' Q1FY27 turnover grew to ₹1,125.81 Cr (+12% YoY), but PAT fell significantly to ₹11.42 Cr (-78% YoY), with EBITDA margin at 4.29%. This was primarily due to a ₹29 Cr AIIMS Jammu bill reduction, substantial NCR labor cost increases, and higher staff expenses.

The order book stands at ₹20,663.52 Cr.

FY27 order inflow guidance is reduced to ₹4,000-₹5,000 Cr.

Management projects 12-15% revenue growth for FY27 but rules out double-digit EBITDA margins.

They anticipate client compensation for rising labor costs, and major projects are accelerating.

The overall tone is cautious given market challenges.